# South African Rand Hammered by Resurgent Dollar and Analysts Eye Further Losses

> The rand fell mid-week as US Treasury yields climbed above 3%, pressuring emerging-market currencies broadly. Analysts warn of further losses, citing a dollar near four-month highs and concerns over US bond supply and Fed rate hikes.

- Date: 2018-04-25 · published 2018-04-25T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/65806-south-african-rand-hammered-by-resurgent-dollar-and-analysts-eye-further-losses
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar driven by rising US yields makes dollar-priced commodities cheaper for non-US buyers and raises import costs in emerging markets, a mild bearish signal for dollar-denominated feed prices.

## Read by commodity

- DXY: bullish ▲
- USDZAR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-10-02 | [South African rand heads for fourth weekly loss as dollar strengthens and yields rise \| Reuters](https://feedsoft.ai/events/17336-south-african-rand-heads-for-fourth-weekly-loss-as-dollar-strengthens-and.md) | -0.3% | -0.1% |
| DXY | 2025-10-21 | [South African rand falls on stronger dollar \| Reuters](https://feedsoft.ai/events/22706-south-african-rand-falls-on-stronger-dollar-reuters.md) | +0.1% | +0.5% |
| DXY | 2023-04-21 | [South African rand weaker as Fed rate bets support dollar \| CNBC Africa](https://feedsoft.ai/events/36686-south-african-rand-weaker-as-fed-rate-bets-support-dollar-cnbc-africa.md) | +0.3% | +0.8% |
| DXY | 2021-01-28 | [South Africa's rand falls as risk-off sentiment lifts dollar](https://feedsoft.ai/events/49431-south-africa-s-rand-falls-as-risk-off-sentiment-lifts-dollar.md) | +0.2% | -0.1% |
| DXY | 2022-08-19 | [South African rand dips as dollar hits three-week high after Fed minutes \| CNBC Africa](https://feedsoft.ai/events/40328-south-african-rand-dips-as-dollar-hits-three-week-high-after-fed-minutes-cnbc.md) | +0.6% | +2.1% |

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/zar/8949-south-african-rand-hammered-by-resurgent-dollar-as-analysts-eye-further-losses

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.